Leading mobile operator Grameenphone (GP) said on Monday said it has decided to pay the balance adjustable deposit of Tk 1000 crore to BTRC within May 31
The decision was made following the order of the Appellate Division on GP’s review petition on February 24, relating to the injunction, the company said in statement.
It said GP previously deposited Tk 1000 crore to the BTRC on February 23 with this payment, a total of Tk 2000 crore will have been deposited to the regulator.
GP said it respects the legal system of Bangladesh, the Supreme Court’s direction, and looks forward to the continued court protection to run regular business operations, improve customer experience, bring confidence back in the business environment and protect the value of its shareholders.
GP reiterates that it disputes the validity of the BTRC audit and the claim. Its ambition is to resolve the audit dispute, either through an amicable and transparent solution with the relevant authorities or before the Courts.
With this balance adjustable deposit, GP will have fully complied with the Court directions relating to the injunction. GP appreciates the recent collaboration with the regulator and looks forward to the continued cooperation to fully restore normal operations, the statement said.
